Chengdu Guibao releases latest performance of silicone tire program

On August 11, Chengdu Guibao Science and Technology Co.,Ltd released its first half year performance report in 2018.

The report showed that the company made some progress on new materials used in high-performance tires.

The program is developing a new function technology for blending of organic silicone rubber and petroleum base synthetic rubber, and the difficulty of co-vulcanization,Successful manufacture of tires made of latex rubber.

The program, to be finished by June 2021, approved by Chinese government in Spetember 2017, and has recieving 7,530,000 yuan of program subsidy from the government.

The company said,this tire is the first of globe, afetr completion. Wang youzhi, the chairman of science and technology Co,Ltd, said,organic silicone rubber tire slippery, low temperature resistance, abrasion resistance and other properties, were significantly superior to the traditional tire.

Chengdu Guibao posted 374,179,521.69 yuan of sale revenue in the first six months of 2018, and 10,541,794.41 yuan of net profit belonging to shareholders.

Chengdu Guibao Science & Technology Co., Ltd. is engaged in the organic silicon industry. The Company's products consist of silicone room temperature glue, including the architectural glue and industrial glue, as well as special equipment for glue manufacturing and silane coupling agents and other products. The Compan's silicon glue products are applied in building curtain walls, hollow glass, energy-saving windows and doors, electric environmental protection, electronic appliances, automobile manufacturing, airport roads, rail transportation, new energy, equipment manufacturing, engineering services and other areas. It distributes its products within domestic market and to overseas markets.